TMC Selling General Administrative vs Non Current Assets Total Analysis

TMC Stock  USD 1.59  0.02  1.27%   
TMC The financial indicator trend analysis is much more than just breaking down TMC the metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TMC the metals is a good investment. Please check the relationship between TMC The Selling General Administrative and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Selling General Administrative vs Non Current Assets Total

Selling General Administrative vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Selling General Administrative account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between TMC The's Selling General Administrative and Non Current Assets Total is 0.77. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of TMC the metals, assuming nothing else is changed. The correlation between historical values of TMC The's Selling General Administrative and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of TMC the metals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Selling General Administrative i.e., TMC The's Selling General Administrative and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from TMC The's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TMC the metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, TMC The's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Reconciled Depreciation418K381K342.9K363K
Cost Of Revenue174.1M72.4M83.2M109.1M

TMC The fundamental ratios Correlations

0.910.90.850.970.990.91-0.57-0.870.440.580.890.010.580.580.140.790.780.960.90.880.830.870.45-0.91-0.95
0.911.00.590.910.920.93-0.34-0.970.60.350.920.210.350.73-0.030.930.840.881.00.980.630.960.41-0.96-0.92
0.91.00.580.910.920.92-0.34-0.970.60.350.920.230.350.73-0.050.930.840.881.00.980.630.960.39-0.96-0.92
0.850.590.580.740.80.63-0.86-0.48-0.070.860.58-0.220.860.090.250.390.350.830.590.530.960.520.33-0.58-0.72
0.970.910.910.740.990.95-0.42-0.90.60.430.940.070.430.720.110.880.880.910.890.930.710.930.45-0.93-0.93
0.990.920.920.80.990.93-0.52-0.890.520.530.920.090.530.650.070.850.820.950.90.920.790.920.4-0.93-0.96
0.910.930.920.630.950.93-0.22-0.940.630.241.0-0.090.240.760.290.930.90.790.920.950.560.960.66-0.88-0.85
-0.57-0.34-0.34-0.86-0.42-0.52-0.220.160.37-1.0-0.17-0.06-1.00.250.14-0.050.03-0.69-0.33-0.23-0.93-0.190.160.350.53
-0.87-0.97-0.97-0.48-0.9-0.89-0.940.16-0.75-0.17-0.95-0.21-0.17-0.86-0.01-0.95-0.94-0.81-0.96-0.98-0.49-0.97-0.470.960.9
0.440.60.6-0.070.60.520.630.37-0.75-0.360.680.39-0.360.98-0.150.790.90.370.560.69-0.070.720.23-0.69-0.56
0.580.350.350.860.430.530.24-1.0-0.17-0.360.190.071.0-0.24-0.140.07-0.010.710.340.240.940.21-0.15-0.37-0.55
0.890.920.920.580.940.921.0-0.17-0.950.680.19-0.050.190.790.260.950.910.770.910.960.510.970.64-0.88-0.84
0.010.210.23-0.220.070.09-0.09-0.06-0.210.390.07-0.050.070.33-0.970.20.180.250.170.190.020.17-0.74-0.36-0.33
0.580.350.350.860.430.530.24-1.0-0.17-0.361.00.190.07-0.24-0.140.07-0.010.710.340.240.940.21-0.15-0.37-0.55
0.580.730.730.090.720.650.760.25-0.860.98-0.240.790.33-0.24-0.090.870.960.510.70.80.080.820.33-0.8-0.67
0.14-0.03-0.050.250.110.070.290.14-0.01-0.15-0.140.26-0.97-0.14-0.090.020.06-0.140.010.01-0.010.040.880.170.17
0.790.930.930.390.880.850.93-0.05-0.950.790.070.950.20.070.870.020.930.720.910.980.390.990.45-0.9-0.82
0.780.840.840.350.880.820.90.03-0.940.9-0.010.910.18-0.010.960.060.930.680.820.90.320.920.47-0.89-0.81
0.960.880.880.830.910.950.79-0.69-0.810.370.710.770.250.710.51-0.140.720.680.870.830.890.810.18-0.92-0.97
0.91.01.00.590.890.90.92-0.33-0.960.560.340.910.170.340.70.010.910.820.870.970.620.940.44-0.94-0.9
0.880.980.980.530.930.920.95-0.23-0.980.690.240.960.190.240.80.010.980.90.830.970.551.00.45-0.95-0.9
0.830.630.630.960.710.790.56-0.93-0.49-0.070.940.510.020.940.08-0.010.390.320.890.620.550.520.11-0.63-0.77
0.870.960.960.520.930.920.96-0.19-0.970.720.210.970.170.210.820.040.990.920.810.941.00.520.47-0.94-0.89
0.450.410.390.330.450.40.660.16-0.470.23-0.150.64-0.74-0.150.330.880.450.470.180.440.450.110.47-0.26-0.2
-0.91-0.96-0.96-0.58-0.93-0.93-0.880.350.96-0.69-0.37-0.88-0.36-0.37-0.80.17-0.9-0.89-0.92-0.94-0.95-0.63-0.94-0.260.98
-0.95-0.92-0.92-0.72-0.93-0.96-0.850.530.9-0.56-0.55-0.84-0.33-0.55-0.670.17-0.82-0.81-0.97-0.9-0.9-0.77-0.89-0.20.98
Click cells to compare fundamentals

TMC The Account Relationship Matchups

TMC The fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets54.7M133.1M94.8M68.9M79.2M77.4M
Other Current Liab7.8M26.6M41.6M31.3M36.0M23.2M
Total Current Liabilities7.8M26.6M41.6M31.3M36.0M23.6M
Total Stockholder Equity36.3M92.8M41.5M10.9M12.6M11.9M
Property Plant And Equipment Net44.5M44.6M45.2M51.6M59.4M41.4M
Net Debt(10.1M)(84.9M)(46.8M)(6.8M)(6.2M)(6.5M)
Retained Earnings(162.9M)(304.2M)(475.1M)(548.9M)(494.0M)(469.3M)
Accounts Payable34.3K26.6K41.6K31.3M36.0M37.8M
Cash10.1M84.9M46.8M6.8M7.9M7.5M
Non Current Assets Total44.5M44.6M45.2M60.1M69.1M42.8M
Non Currrent Assets Other(300.1M)(1K)10.3M43.2M49.6M52.1M
Cash And Short Term Investments10.1M84.9M46.8M6.8M7.9M7.5M
Net Receivables56K64K117K467K537.1K563.9K
Common Stock Shares Outstanding178.6M204.9M239.9M288.6M331.9M229.5M
Liabilities And Stockholders Equity54.7M133.1M94.8M68.9M79.2M77.4M
Non Current Liabilities Total10.7M13.8M11.7M26.6M30.6M32.2M
Other Current Assets129K3.6M2.6M1.5M1.7M1.7M
Other Stockholder Equity45.3M102.1M185.0M122.8M141.2M100.3M
Total Liab18.4M40.4M53.3M58.0M66.7M37.4M
Total Current Assets10.2M88.6M49.6M8.8M10.1M9.6M
Common Stock154.4M296.1M332.9M438.2M504.0M268.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether TMC the metals is a strong investment it is important to analyze TMC The's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TMC The's future performance. For an informed investment choice regarding TMC Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TMC The. If investors know TMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Return On Assets
(0.84)
Return On Equity
(5.30)
The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TMC The's market value can be influenced by many factors that don't directly affect TMC The's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.